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Bombay High Court Allows Petition Challenging MHADA's Action in Lease Dispute — No Breach of Lease Conditions Found. Transfer of Leasehold Interest for Development of Drama Theatre and Commercial Wing Permitted Under Lease Deed Clause 2(i) Exception.

The petitioners, Prabhudas Virchand Lotia and another, filed a writ petition challenging the actions of the Maharashtra Housing and Area Development A...

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High Court of Karnataka Dismisses Petitions Challenging Validity of Proviso to Section 115JB(6) of Income Tax Act in SEZ Cases. The court held that the proviso inserted by Finance Act, 2011 is not ultra vires the SEZ Act and is valid and enforceable.

The case involves a batch of writ petitions filed by companies operating in Special Economic Zones (SEZs) challenging the constitutional validity of t...

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Supreme Court Dismisses Challenge to Enforcement of Foreign Award on Grounds of Arbitrator Bias — Upholds High Court Order. Alleged Conflict of Interest of Presiding Arbitrator Not Sufficient to Refuse Enforcement Under Section 48(2)(b) of Arbitration and Conciliation Act, 1996.

The Supreme Court dismissed appeals challenging the enforcement of a foreign arbitral award. The dispute arose from a Share Subscription Agreement bet...

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(1) WRIT PETITION NO.4168 OF 2012

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